Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,308,323 shares of the company’s stock after purchasing an additional 38,453 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.13% of Invesco S&P 500 Quality ETF worth $173,240,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Ameriprise Financial Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after purchasing an additional 3,741,699 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 5.9% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock valued at $668,722,000 after acquiring an additional 496,439 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 3.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock valued at $611,604,000 after acquiring an additional 253,950 shares during the period. Bank of America Corp DE increased its stake in shares of Invesco S&P 500 Quality ETF by 8.0% during the third quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock valued at $345,204,000 after acquiring an additional 349,166 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 15.6% during the third quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock valued at $327,844,000 after acquiring an additional 603,848 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $85.44 on Friday. Invesco S&P 500 Quality ETF has a 12 month low of $68.89 and a 12 month high of $85.93. The firm has a market capitalization of $18.19 billion, a PE ratio of 25.36 and a beta of 0.91. The company’s 50 day simple moving average is $79.80 and its 200 day simple moving average is $77.81.

Invesco S&P 500 Quality ETF Profile

The Invesco S&P 500 Quality ETF (SPHQ) is an exchange-traded fund that is based on the S&P 500 Quality index. The fund tracks an index of US large-cap stocks selected by return on equity, changes in net operating assets and financial leverage. Stocks are weighted by these quality factors, scaled by market cap. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.